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Category Archives: Bitcoin

Altcoins Urge Rescue as $460 Billion Loss to Hit New Low

Aug 15, 2019

Vincent He

Since Bitcoin began its 2019 charge starting with the “April Fool’s day rally,” most altcoins seem to be slipping when compared to the top-ranked cryptocurrency. There is now a growing debate about whether the altcoin market will experience the same massive price gains seen in Bitcoin du...

Barclays Ends Banking Relationship With Coinbase

Aug 15, 2019

Bitcoin Magazine

Barclays Bank, one of the largest banking institutions in the world, will no longer be providing banking services to Coinbase UK. CoinDesk first reported the details of the split, adding that the exchange has signed up with a replacement banking partner known as ClearBank. Coinba...

Bitcoin Is Now a Legal Form of Payment in New Zealand

Aug 13, 2019

Bitcoin Magazine

In the August 2019 issue of New Zealand’s Tax Information Bulletin (published by the Inland Revenue Department), a new public ruling integrates “crypto-assets” as legal and taxable forms of payment. Correspondingly, New Zealand becomes one of the first nation states to create a pro...